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Property taxation: welfare exemption: rental housing and related facilities.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 2669 · Assembly Bill · 2015–2016

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
May 11, 2016

What it does

Existing property tax law establishes a partial welfare exemption for property used exclusively for rental housing and related facilities, as defined, that are owned and operated by certain types of nonprofit entities or veterans' organizations that meet specified exemption requirements if certain qualifying criteria are met. Existing law requires the partial exemption to be equal to that percentage of the value of the property that is equal to the percentage that the number of units serving lower income households represents of the total number of residential units in any year. For purposes of the exemption, existing law defines "related facilities" to, among other things, exclude any…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Current step)

    Committee hearing · May 11, 2016

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Property taxation: welfare exemption: rental housing and related facilities. | 52